G.AMF: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
G.AMF
Largest movements
- Tangible fixed assets -€14,221
down €14,221 (-5.4%), from €263,983 to €249,762
of which Land and buildings: -€9,112
- Receivables within one year -€4,166
down €4,166 (-18.8%), from €22,113 to €17,947
of which Other amounts receivable: -€4,166
- Current portion of long-term debt -€12,269
down €12,269 (-38.2%), from €32,081 to €19,812
- Debts after one year -€9,863
down €9,863 (-6.0%), from €164,871 to €155,008
- Gross operating margin -€3,823
down €3,823 (-13.0%), from €29,306 to €25,483
- Taxes -€1,703
down €1,703 (-51.9%), from €3,283 to €1,581
- Financial charges +€828
up €828 (+16.7%), from €4,971 to €5,799
- Financial income -€451
down €451 (-36.2%), from €1,246 to €795
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €334,056 | €315,094 | -€18,961 | -5.7% |
| Fixed assets | 21/28 | €263,983 | €249,762 | -€14,221 | -5.4% |
| Tangible fixed assets | 22/27 | €263,983 | €249,762 | -€14,221 | -5.4% |
| Land and buildings | 22 | €258,241 | €249,130 | -€9,112 | -3.5% |
| Furniture and vehicles | 24 | €5,741 | €632 | -€5,109 | -89.0% |
| Current assets | 29/58 | €70,073 | €65,332 | -€4,741 | -6.8% |
| Amounts receivable within one year | 40/41 | €22,113 | €17,947 | -€4,166 | -18.8% |
| Trade receivables | 40 | €300 | €300 | = | 0.0% |
| Other amounts receivable | 41 | €21,813 | €17,647 | -€4,166 | -19.1% |
| Cash at bank and in hand | 54/58 | €47,961 | €47,385 | -€575 | -1.2% |
| Total equity and liabilities | 10/49 | €334,056 | €315,094 | -€18,961 | -5.7% |
| Equity | 10/15 | €100,736 | €103,823 | +€3,087 | +3.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €57,109 | €60,196 | +€3,087 | +5.4% |
| Distributable reserves | 133 | €57,109 | €60,196 | +€3,087 | +5.4% |
| Profit (loss) carried forward | 14 | €33,627 | €33,627 | = | 0.0% |
| Amounts payable | 17/49 | €233,320 | €211,272 | -€22,049 | -9.4% |
| Amounts payable after more than one year | 17 | €164,871 | €155,008 | -€9,863 | -6.0% |
| Financial debts | 170/4 | €164,871 | €155,008 | -€9,863 | -6.0% |
| Amounts payable within one year | 42/48 | €66,784 | €54,600 | -€12,184 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €32,081 | €19,812 | -€12,269 | -38.2% |
| Trade debts | 44 | €31,420 | €29,924 | -€1,496 | -4.8% |
| Suppliers | 440/4 | €31,420 | €29,924 | -€1,496 | -4.8% |
| Taxes, remuneration and social security | 45 | €3,283 | €4,864 | +€1,581 | +48.1% |
| Taxes | 450/3 | €3,283 | €4,864 | +€1,581 | +48.1% |
| Accrued charges and deferred income | 492/3 | €1,665 | €1,663 | -€1 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,221 | €14,221 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,541 | €1,591 | +€50 | +3.2% |
| Gross operating margin | 9900 | €29,306 | €25,483 | -€3,823 | -13.0% |
| Operating profit (loss) | 9901 | €13,544 | €9,672 | -€3,872 | -28.6% |
| Financial income | 75/76B | €1,246 | €795 | -€451 | -36.2% |
| Recurring financial income | 75 | €1,246 | €795 | -€451 | -36.2% |
| Financial charges | 65/66B | €4,971 | €5,799 | +€828 | +16.7% |
| Recurring financial charges | 65 | €4,971 | €5,799 | +€828 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €9,819 | €4,668 | -€5,151 | -52.5% |
| Income taxes | 67/77 | €3,283 | €1,581 | -€1,703 | -51.9% |
| Profit (loss) for the period | 9904 | €6,536 | €3,087 | -€3,448 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,536 | €3,087 | -€3,448 | -52.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.